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The Shops at Medicine Tree High River 1500 12 SE ave 2,000 - 18,861 SF of Retail Space Available in High River, AB T1V 2A9
HIGHLIGHTS
- High River's dominant daily-needs retail destination
- complementary national tenants such as KFC, Edo Japan, Tim Hortons, A&W, BMO, MacDonald’s and Boston Pizza nearby
- Shadow anchored by No Frills and Dollarama
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,861 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Property Overview The Shops at Medicine Tree and Medicine Tree Mall are High River's dominant daily-needs retail destination, Shadow anchored by No Frills and Dollarama, with complementary national tenants such as KFC, Edo Japan, Tim Hortons, A&W, BMO, MacDonald’s and Boston Pizza nearby. The centre is strategically positioned along Highway 23 (12th Ave SE) exceptional visibility, high tra_c exposure, and convenient access to Highway 2, approximately 40 km or 30 minuets south of Calgary.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- Yard
- Wheelchair Accessible
- High River's dominant daily-needs retail area
1st Floor
STREET FRONT RETAIL OPTION 2 PROPOSED UNIT 1 2029.50 SQFFT UNIT 02 1980.00 SQFT UNIT 03 2029.50 SQFT PROPOSED UNIT 04 (ALL THREE UNITS COMBINED) 6,039.00
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE SHOPS AT MEDICINE TREE HIGH RIVER
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Bank of Montreal
- Finance and Insurance
- -
- -
- KFC
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Bank of Montreal | Finance and Insurance | - | - |
| KFC | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 18,861 SF | Gross Leasable Area | 23,000 SF |
| Property Type | Retail | Year Built | 2015 |
| Total Space Available | 18,861 SF |
| Property Type | Retail |
| Gross Leasable Area | 23,000 SF |
| Year Built | 2015 |
NEARBY MAJOR RETAILERS
Presented by
The Shops at Medicine Tree High River | 1500 12 SE ave
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